Facebook And Bango Partner On Mobile Payments

Facebook has partnered with Bango, a provider of billing and analytics for app stores, mobile apps and sites. Bango will provide payment services to Facebook.

Growing mobile use, and the lack of monetization of mobile users were highlighted in the Risk Factors section of Facebook’s IPO filing. Essentially, it could harm Facebook’s business if too many of its users spend too much time accessing Facebook from mobile devices without being properly monetized.